U.S. Coffee And Tea Market Enjoys the Second Year of Solid Gains, Peaking At Almost $16B

IndexBox has just published a new report: 'U.S. Coffee And Tea Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.

The revenue of the coffee and tea market in the U.S. amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded over the period under review. The pace of growth was the most pronounced in 2015, with an increase of X% against the previous year. Over the period under review, the coffee and tea market attained its maximum level in 2018, and is expected to retain its growth in the near future.

Coffee And Tea Production in the U.S.

In value terms, coffee and tea production totaled $X in 2018. The total output value increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% against the previous year. Coffee and tea production peaked in 2018, and is expected to retain its growth in the near future.

Exports from the U.S.

In 2018, approx. X tonnes of coffee and tea were exported from the U.S.; falling by -X% against the previous year. Overall, coffee and tea exports continue to indicate a relatively flat trend pattern. In value terms, coffee and tea exports stood at $X (IndexBox estimates) in 2018.

Exports by Country

China (X tonnes), the United Arab Emirates (X tonnes) and South Korea (X tonnes) were the main destinations of coffee and tea exports from the U.S., together comprising X% of total exports. Japan, Belgium, Singapore, the UK, the Philippines, Ireland, Belize, Latvia and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), China ($X) and South Korea ($X) appeared to be the largest markets for coffee and tea exported from the U.S. worldwide, together accounting for X% of total exports.

Export Prices by Country

In 2018, the average coffee and tea export price amounted to $X per tonne, growing by X% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +X%. Export prices varied noticeably by the country of destination; the country with the highest export price was Belgium ($X per tonne), while the average price for exports to Japan ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to Belgium, while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the U.S.

In 2018, the amount of coffee and tea imported into the U.S. totaled X tonnes, going down by -X% against the previous year. Over the period under review, coffee and tea imports continue to indicate a mild setback. The growth pace was the most rapid in 2015, when imports increased by X% against the previous year. Imports peaked at X tonnes in 2016; however, from 2017 to 2018, imports stood at a somewhat lower figure. In value terms, coffee and tea imports stood at $X (IndexBox estimates) in 2018. Overall, coffee and tea imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2015, with an increase of X% year-to-year. In that year, coffee and tea imports attained their peak of $X. From 2016 to 2018, the growth of coffee and tea imports failed to regain its momentum.

Imports by Country

Argentina (X tonnes), Germany (X tonnes) and Brazil (X tonnes) were the main suppliers of coffee and tea imports to the U.S., together accounting for X% of total imports. Viet Nam, Colombia, China, India, Italy, Switzerland, Sri Lanka, Mexico and Indonesia lagged somewhat behind, together comprising a further X%.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Switzerland, while the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), Brazil ($X) and Germany ($X) were the largest coffee and tea suppliers to the U.S., with a combined X% share of total imports.

Import Prices by Country

In 2018, the average coffee and tea import price amounted to $X per tonne, going up by X% against the previous year. Overall, the coffee and tea import price continues to indicate a relatively flat trend pattern. There were significant differences in the average import prices amongst the major supplying countries. In 2018, the country with the highest import price was Switzerland ($X per tonne), while the price for Argentina ($X per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Switzerland, while the import prices for the other major suppliers experienced more modest paces of growth.

Companies Mentioned in the Report

Peet's Coffee & Tea, Community Coffee Company, Royal Cup, Reily Foods Company, S. & D. Coffee, R.C. Bigelow, Boyd Coffee Company, Keurig Green Mountain, New England Partnership, Imperial, Atlantic Coffee Industrial Solutions, Farmer Bros. Co., F. Gavina & Sons, Coffee Holding Co., Tc Global, The Folger Coffee Company, Celestial Seasonings, East West Tea Company, Millstone Coffee, Jbr, Wm. B. Reily & Company, Tetley US Holdings, CCC Holding, Hie Holdings, Twinlab Corporation, Refreshment Product Services, Inter American Products

Source: IndexBox AI Platform